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Consider the below statements:

1. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13. 

2. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14. 

3. India is one of the largest foreign exchange reserve holders in the world.

Select the correct statements using the codes given below:

  • a)
    1 and 2 only

  • b)
    1 only

  • c)
    1 and 3 only 

  • d)
    2 and 3 only

Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the below statements:1. The foreign investment, which include...
The opening of the economy has led to a rapid increase in foreign direct investment and foreign exchange reserves. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $100 million in 1990-91 to US $ 30 billion in 2017-18. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 413 billion in 2018-19. India is one of the largest foreign exchange reserve holders in the world.
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Most Upvoted Answer
Consider the below statements:1. The foreign investment, which include...
NCERT says FI has increased from about USD 100 million in 1990-91 to USD 36 billion in 2016-17. Thus option 1 is incorrect
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Community Answer
Consider the below statements:1. The foreign investment, which include...
Explanation:

Statement 1: The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13.

This statement is correct. It states that foreign investment, which includes both foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13. This shows a significant increase in foreign investment in India over the years.

Statement 2: There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14.

This statement is correct. It states that there has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14. This shows that India's foreign exchange reserves have grown significantly over the years, indicating a strong position in terms of foreign currency holdings.

Statement 3: India is one of the largest foreign exchange reserve holders in the world.

This statement is correct. India is indeed one of the largest foreign exchange reserve holders in the world. As mentioned in statement 2, India's foreign exchange reserves reached about US $ 304 billion in 2013-14. This places India among the countries with the highest foreign exchange reserves globally.

Therefore, all the statements are correct.

Conclusion: The correct option is D) All are correct.
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Consider the below statements:1. The foreign investment, which includes foreign direct investment (FDI) and foreign institutional investment (FII), has increased from about US $ 100 million in 1990-91 to US $ 467 billion in 2012-13.2. There has been an increase in the foreign exchange reserves from about US $ 6 billion in 1990-91 to about US $ 304 billion in 2013-14.3. India is one of the largest foreign exchange reserve holders in the world.Select the correct statements using the codes given below:a)1 and 2 onlyb)1 onlyc)1 and 3 onlyd)2 and 3 onlyCorrect answer is option 'D'. Can you explain this answer?
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